AI English summary of an SEC filing — figures as filed
Ingersoll Rand IRIngersoll Rand said Chairman, President and Chief Executive Officer Vicente Reynal sold a total of 456,974 shares on June 3, 2024 and 4. The shares came from vested stock options granted in May 2015.
Key points
AI summaryIngersoll Rand said Chairman, President and Chief Executive Officer Vicente Reynal sold a total of 456,974 shares on June 3, 2024 and 4. The shares came from vested stock options granted in May 2015.
The company said that after the exercise price and withholding taxes, the net number of shares Reynal sold was about 213,200.
The company said Reynal still holds total beneficial ownership of 345,669 shares and 1,247,499 vested stock options after the sales.
The company said the sales were made under a Rule 10b5-1 trading arrangement Reynal adopted on March 3, 2024. The company explained that all of the stock options were set to expire within 1 year(s), so they had to be exercised before then to avoid forfeiture.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Stock sales by Reynal, June 3, 2024 to 4
Ingersoll Rand said Chairman, President and Chief Executive Officer Vicente Reynal sold a total of 456,974 shares on June 3, 2024 and 4. The shares came from vested stock options granted in May 2015.
Source · Based on the filing body and exhibits
Net shares sold after exercise price and withholding taxes
The company said that after the exercise price and withholding taxes, the net number of shares Reynal sold was about 213,200.
Source · Based on the filing body and exhibits
Shares held after sales and vested stock options
The company said Reynal still holds total beneficial ownership of 345,669 shares and 1,247,499 vested stock options after the sales.
Source · Based on the filing body and exhibits
Rule 10b5-1 trading arrangement and option expiration
The company said the sales were made under a Rule 10b5-1 trading arrangement Reynal adopted on March 3, 2024. The company explained that all of the stock options were set to expire within 1 year(s), so they had to be exercised before then to avoid forfeiture.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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